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Oil Price Falls as Markets Brace for Trump’s Plan to Isolate Iran’s Economy
Oil prices fell on August 24, 2026, as traders booked profits ahead of new US sanctions targeting Iran. Brent crude slipped to around $93.17 a barrel, while WTI fell to $85.86. Both benchmarks had gained more than 5% last week as US-Iran talks stalled and supply risks grew. Markets are now watching Trump’s Iran strategy…
NVDA in Focus as Nvidia Reportedly Eyes Investment in Perplexity at $30 Billion+ Valuation
Nvidia is reportedly in talks to invest in AI search startup Perplexity in a funding round that could value the company above $30 billion, according to a report published August 24, 2026. Perplexity’s annualised revenue has climbed past $750 million, up from less than $250 million earlier this year. The timing also puts NVDA stock…
Fifth Third Backs Payload’s $500M Monthly Payments Platform on August 23
Fifth Third Bank invests in Payload, an embedded payments platform processing $500M monthly. The deal marks Payload’s first outside capital since 2019 and expands payment options across industries.
Norris Seizes Dutch GP Pole as Title Fight Tightens on August 23
Lando Norris takes Dutch GP pole position at Zandvoort, edging George Russell by 0.102 seconds. The McLaren driver aims to close a 90-point championship deficit against Kimi Antonelli.
Mabuchi Motor Founder Takaichi Mabuchi Dies at 93 on August 22
Takaichi Mabuchi, founder of Mabuchi Motor (6592.T), dies at 93. He led the company from 1954 to become a global small-motor powerhouse. Stock trades at ¥1,770.50 with Meyka grade A.
Block Ordered to Pay $120M CFPB Restitution for Cash App Fraud Failures
Block must pay $45M to states and $75M-$120M to Cash App users via CFPB restitution for fraud failures, account security gaps, and inadequate customer support.
TGS Jumps 2.3% on Brunei Data Brokerage Contract Award
TGS awarded data brokerage rights for offshore Brunei block by Petroleum Authority. Stock rises 2.3% on new contract to market 3D seismic and well data.
FTSE 100 Today: UK Stocks Edge Up 0.16% as Antofagasta and Mining Rally Mask Weak Retail Sales
The FTSE 100 edged 0.16% higher on August 21, 2026, as stronger metals prices lifted London-listed mining stocks. Antofagasta led the gains with a 4.3% jump, while gold, silver and copper also moved higher. The rise came despite a weaker UK consumer picture. Retail sales fell 0.5% in July, adding to concerns over household spending….
Ford Bronco Ute Coming by 2030; F Stock Rated B on Mixed Fundamentals
Ford plans to build a Bronco pickup by 2030 at its Michigan plant. The ute will rival the Jeep Gladiator and may replace the Ranger in North America, though Australian Ranger supply is unaffected.